Housing in Bernalillo County

The inside story on rent prices
Source: US Census Bureau - ACS 5 Yr 2024

Both Census and HUD figures represent gross rent — contract rent plus estimated utility costs for electricity, heat, water, and sewer.

Rent in Bernalillo County averages $1,144/month for a 2‑bedroom in 2024, compared to the New Mexico median of $1,067 and the national median of $1,413. Local renters spend approximately 31% of household income on rent, below the national average of 32%.

HUD 2026 50th Percentile Rent Estimates for Bernalillo County FMR Area are $1,096 for a studio, $1,287 for 1‑bedroom, $1,590 for 2‑bedroom, $2,211 for 3‑bedroom, and $2,605 for 4‑bedroom.

HUD 2026 Rent Estimates reflect market movement since 2024 Census data — a $446 increase for a 2-bedroom in Bernalillo County shows a 39% rise over that period.

The U.S. Bureau of Labor Statistics annual unemployment rate for Bernalillo County was 3.8% in 2024, compared to New Mexico at 4.1% and the national rate of 4.0%.

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Towns near Kirtland AFB

City
County
State
Miles
Bernalillo
NM
0.0
Bernalillo
NM
13.5
Bernalillo
NM
16.7
Bernalillo
NM
18.3
Bernalillo
NM
21.9
Valencia
NM
22.5
Valencia
NM
25.4
Valencia
NM
29.2
Valencia
NM
32.0
Valencia
NM
35.9
Torrance
NM
36.1
Valencia
NM
38.0
Torrance
NM
39.3
Torrance
NM
39.5
Torrance
NM
41.3
Torrance
NM
41.4
Valencia
NM
42.5
Valencia
NM
49.2
Torrance
NM
52.1
Torrance
NM
55.4
Torrance
NM
77.2

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